EV charging station startup Kazam plans to expand beyond India, where it already holds a significant share of the market, and into Southeast Asia to gain an early mover’s advantage, TechCrunch has exclusively learned. The Bengaluru-headquartered startup, which has offices in Delhi and Pune and city managers in 4,000 postal codes across India, is set […]
India’s Kazam powers up to roll out EV charging in Southeast Asia Read More »
The valuation of Oyo, once India’s second-most valuable startup at $10 billion, has dipped to $2.4 billion in a new funding round. The Gurugram-headquartered startup has raised $173.5 million in a Series G funding round. InCred Wealth, Patient Capital and J&A Partners invested in the new round. TechCrunch reported in May that Oyo was seeking
Oyo valuation crashes over 75% in new funding Read More »
India is the second-largest wearable market after China. At times, it has also been the largest smartwatch market. However, in Q2, wearable shipments in the country declined 10% year-on-year to 29.5 million units. The first half of the year, meanwhile, fell 4.7% to 55.1 million units, analyst firm IDC reported this week. Market analysts believe
Smartwatches shipments see sharp decline in India Read More »
WhatsApp’s massive 500 million user in India has supercharged Meta’s AI ambitions. Meta CFO Susan Li said Wednesday that India is the largest market in terms of Meta AI usage, a notable milestone considering the product launched in India just a few months ago. Li said during Meta’s second-quarter earnings call that people have used
Meta says India is the largest market for Meta AI usage Read More »
Qualcomm Tuesday announced the Snapdragon 4s Gen 2. The entry-level chip aims to make 5G accessible to 2.8 billion smartphone users in price-sensitive markets, including India and Latin America. Manufacturers lately have struggled to attract feature phone buyers in India, the world’s second-biggest smartphone market, primarily due to a lack of 5G models in the
Qualcomm’s new Snapdragon chip aims to bring 5G to sub-$100 devices Read More »
Uber is rolling out concurrent rides in India, a feature that allows users to book up to three trips for any of their contacts, TechCrunch has exclusively learned and confirmed with the company. The concurrent rides feature is the latest example of Uber developing products that will capture more customers, including those who don’t have
Uber now lets users in India book three trips at once Read More »
Bike-taxi startup Rapido has become the latest Indian startup to become a unicorn, or reach $1 billion in valuation. The eight-year-old firm has raised $120 million in a new funding round led by WestBridge Capital, according to a regulatory filing. The new capital, a Series E infusion, underscores Rapido’s growing prominence in India’s mobility sector
India’s Rapido becomes unicorn with fresh $120 million funding Read More »
Zapp Electric Vehicles wants to turn its London-based electric two-wheeler brand into a global EV company. And India will be one of its launchpads, TechCrunch has exclusively learned. The company will launch its first product — an urban electric two-wheeler called the i300 — in the UK as early as next month, followed by Thailand.
UK’s Zapp EV plans to expand globally with an early start in India Read More »
Indian cryptocurrency exchange WazirX announced on Saturday a controversial plan to “socialize” the $230 million loss from its recent security breach among all its customers, a move that has sent shockwaves through the local crypto community. The Mumbai-based firm, which suspended all trading activities on its platform last week following the cyber attack that compromised
WazirX to ‘socialize’ $230 million security breach loss among customers Read More »
Apple has reduced prices of its iPhone models in India by 3-4% following a cut in import duties in the South Asian market. The price cuts range from 300 rupees ($3.6) for models like the iPhone 13, 14 and 15, and to up to 6,000 rupees ($71.7) for the iPhone 15 Pro and Pro Max
Apple cuts iPhone price in India amid China slowdown Read More »
